Tax Info

There has been a continuous effort in the past decade or so to make the income tax laws simpler, consistent and taxpayer-friendly.The effort has resulted in faster processing of refunds and improving compliance. However, no…

Global banking major HSBC has said it may face "significant" penalties from the US authorities with regard to an ongoing probe into suspected tax evasion by the US-based clients of its Indian unit, among other…

The falling rupee and the lull in the property market in many cities are attracting Indians settled abroad to consider property investments in India. Non-resident Indians are allowed to purchase residential or commercial property in…